SA Property market bears brunt of Covid-19

The South African property market struggled through the Covid-19 pandemic, with all sectors registering a decline in performance. This is according to a new report published by JLL, a leading professional services firm that specialises in real estate and investment management

Mohlala opposes suspension, takes PPRA to court

Beleaguered former CEO of the PPRA, Mamodupi Mohlala-Mulaudzi, has hit back at her temporary suspension by the Minister of Human Settlement, Mmamoloko Kubayi, pending an investigation into allegations of administrative and financial misconduct brought forward by a whistle-blower.

New energy in delivery of social housing mandates

The Social Housing Regulatory Authority (SHRA) welcomed the measures which aim to expedite the implementation of diverse social housing and other projects under the Department of Human Settlements’ portfolio, and to broaden access to social housing for more South Africans.

Special Notice by the PPRA

NOTICE: TECHNICAL GLITCHES IMPACTING ON THE OPENING OF 19 MAY 2022 PDE

Issued by: Property Practitioners Regulatory Authority (Education and Training Department)

Dear Stakeholders,

The PPRA is experiencing technical glitches that impacted the opening of the examination registration from 1 April 2022. Please be advised that we will open the exam as soon as the technical issues are resolved by our IT department.

The PPRA wishes to apologise for all the inconvenience caused.

Residential rental vacancy rate declines

A sharp decline in vacancies points to improved confidence and a residential rental market which is starting to normalise, according to TPN Credit Bureau’s Residential Vacancy Survey for the first quarter of 2022. This is good news for landlords who have been battling consecutive quarters of de-escalation.

Verbal agreements binding – also for tenants

SPEAKERS CORNER: A pressing issue many property practitioners might grapple with from time to time is the validity of verbal agreements between a property owner and tenants. It is, in most cases, a simple answer – yes, it is.